Housing Prices in City Center, TN

How much do homes in City Center, TN cost?

Median List Price

$359,900

$468/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$22,457(-5.9%)

Key Takeaway

The list price of homes in City Center has decreased by 5.9% since last year.

Summary: The median home list price in City Center was $359,900 in October 2024, down 5.9% from the previous year, and the median price per square foot was $468.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $294K$285K
-3.1%
2 $539.9K$594.9K
+10.2%
3 -$600K
N/A
4 --
N/A
5+ -$600K
N/A

Summary: City Center housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 10.2%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Neighborhoods

Southside
+21.1%
Downtown Chattanooga
+2.7%
Riverfront
-2.9%
City Center
-5.9%
Martin Luther King
-14.1%

Housing Supply in City Center, TN

How many homes are available in City Center, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2122+4.8%

Summary: The City Center real estate market had 22 homes for sale in October 2024, a 4.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 1617
+6.3%
2 55
0.0%
3 00
0.0%
4 00
0.0%
5+ 00
0.0%

Summary: The City Center housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 6.3%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for City Center, TN

How long does it take to sell a home in City Center, TN?

Average Listing Age

Oct 2023Oct 2024CHANGE
271 Days358 Days+32.3%

Summary: Homes in City Center had an average listing age of 358 days in Oct 2024, up by 32.3% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in City Center, TN

Nearby Markets to City Center, TN